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Home My WebLink About2364 i~CRMAN[NT1 MORTGAGE NOTE ~ ~ ~ Principal Amount: =d300.00 Date ot Note: t~btNSL'Y l~, 197'S ~ Maturity Dace: 'Pesf Y~al'~ laceree~ Rate: 9~• Amortizatioa Period: ~om the day hereot to the Maturity Date. Inetalment Payment: a1O7.40 Ftiret Inatalment Payment Date: Md~C~t 21 • 1~75 FOB VALUE RECEIV~D, the underaigned and if more than one. joinUy and severally (the 111aker), does hereby rnvenant and pmtnise to pay to the order of Sun Bank of St Lucie County or to its auccessora or asaigna (rnltectively the Payee). at ita principal office at 111 Orange Ave.. Fort Pierce. Fla. or at such other place as the Payee may designate to the Maker in writing from time to time. in legal tender oi the United Statea, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amount The auma due and owinR hereunder ahall be payable during the Amortization Period in equal monthly inatalmente. each in the amount of the Instalment Payment, the tirat Instalment Paymeni to be made on the First Inatalment.' Payment Date and subeequent Ir~stalment Paymeats on the~~ay oi each month thereafter until the Maturity Date whereupon tbe entire unpaid balance of principal and interest acerued and unpaid thereon shell become due and pay- able; each such inatalment w6en paid aball be applied Gtat to the payment ot interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on account ot principal. If any Instalment Payment shall not be paid when due. then the entire principal sum and accrued intereat here- nnder shall become due and payable at once or thereafter, at the option of the holder of thia Note, The Payee may. at its option, collect a late charge not to e:ceed two cents for each one dollar of each Instalment Payment not paid when due to reimburae the Payee for e:pensea of aerviring delinquent Inatalment Payments. Failure to ezerciae these options shall not conatitute a waiver of the right to e:erci.+e the same in the event of any aubsequent detault It is further agreed that the Maker and each endorser. eurety, guarantor, jointly and severally. shall pay all costa of collection o[ thia Note, including a reasonable attorney a tee. on failure to pay any Instalment Payment or any acrrued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest lawful rate of intecest per annum in the State of Florida imm the date when the principal and accrued interest under this Note ahall be due and payable. The total interest payable hereunder shall not in any one year e:ceed the hig6est lawful rate of intereat in the State of Florida. This Note is secured by a Mortgage. dated the date hereof, of pmperiy aituated in the State of Florida. 'I'be Maker agrees that it shall be bound by any agreement eztending the time or modifying the above terms of payment, made by the Payee and the owner or ownera of the property affected by said Mortgage, whether with or with- ~ out notioe to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a ~ rate no greater than the Interest Rate, aecording to the terms of any auch agreement of extenaion or modification. ~ The unpaid balance of the Principal Amount, plus acrrued intereat shall become due and payable at the option of the Payee under the happening of an event by which said balance ahati or may become due and payable under the terms ~ of said Mortgage. _ t ~ Thia Note may not be changed orally, but only by an agreement in wtiting, signed by the party against whom en- ~ forcement of any waiver, change, modification or diacharge is sought ~ All parties to this Note, whether Maker. principal, surety, guarantor or endoraer, heceby waive presentment for ~ payment. demand, protest, notice of pmtest, and notice of dishonor, and e:presaly agree jointly and severally to remain and continue bound tor the payment of the principal and interest pmvided tor by the terms ot this Note, notwithstanding ~ any e:tenaion or e:tensions of the time of, or tor tbe p~yment ot said principal or interest, or any c6ange or changes in ; the amount or aznounts agreed to be paid under or by virtue of the obtigation to pay provided for in this Note, or any ~ change or changes by way of release or surrender or subatitution of any real property and coUateral, or either, held as security for thia Note, and v?•aive all and every kind of notice of such eztension or e:tenaione, change or changes, and ~ agree that t6e same way be made without the joinder of t6e Maker. _ ~ - ?3b Corsl Driw Caps Cosal. Plorida Kartha 8nbbard Davia ~ h l~c ~ ~tt,ornsy~ia Fact. Riahasd Davis ~ ~ ~ ~ ~ /s/ Richard Davis ~ ~ ~ ~ ~ ~ - ~ _ ea~ 2~36 0~~2361- - ~ rsa~ ar~ - pxtsruc ar ~ ~ ~ ~ . - - , , ~ , _ _ . ~ . . .r_